The average student loan debt for college graduates is $26,000. Suppose that that distribution is normal and that the standard deviation is $11,500. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar. a. What is the distribution of X? X ~ N(Correct,Correct) b Find the probability that the college graduate has between $35,550 and $53,150 in student loan debt. Correct c. The middle 10% of college graduates' loan debt lies between what two numbers? Low: $ High: $
The average student loan debt for college graduates is $26,000. Suppose that that distribution is normal and that the standard deviation is $11,500. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar. a. What is the distribution of X? X ~ N(Correct,Correct) b Find the probability that the college graduate has between $35,550 and $53,150 in student loan debt. Correct c. The middle 10% of college graduates' loan debt lies between what two numbers? Low: $ High: $
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The average student loan debt for college graduates is $26,000. Suppose that that distribution is normal and that the standard deviation is $11,500. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar.
a. What is the distribution of X? X ~ N(Correct,Correct)
b Find the probability that the college graduate has between $35,550 and $53,150 in student loan debt. Correct
c. The middle 10% of college graduates' loan debt lies between what two numbers?
Low: $
High: $
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